Also what happened when QQQQ Bearish Reversal Bar was formed in the past?

2.0.0 Volatility Index (Daily), VIX bar open and close both are out of BB is very rare, the past few occurrences were: 4/9/2009, 11/16/2006, 8/18/2006, 8/16/2006, 9/12/2005, 4/12/2005, 4/11/2005, 12/22/2004. Basically, they all had some kind of pullbacks thereafter.

6.2.3 VIX:VXV Trading Signals, take a look if interested, VIX:VXV new low which means the expected volatility in three month is far higher than that of now, so this chart is bearish.